Under normal circumstances, I would tend to agree with you. However, these are far from normal circumstances!
Many hosts have seen all of their bookings and income suddenly disappear due to this pandemic.
The objective of these initiatives is to provide support for hosts. I do not believe they provide enough support for enough hosts.
By the way, I have a strict cancellation policy so will be 1 of the few hosts that will actually receive something. However, I think all hosts have been impacted by this through no fault of their own so all hosts should be supported through it.